Daily review of epichlorohydrin: poor trading

[China Epoxy Network (China Epoxy Industry Online) www.
epoxy-e.
cn] May 17, 2010: The domestic epichlorohydrin market is sluggish in trading and the atmosphere is difficult to change.
On the last trading day (May 14), the mainstream transaction price in the mainstream market in East China remained at the range of 17,000 yuan/ton for the time being.
According to the analysis of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), although the market maintained its range on the day, there was no lack of dark adjustments.
The investment is deserted and the overall market confidence is insufficient.
At present, the raw materials of propylene and liquid chlorine are gradually stabilizing, but the international crude oil continues to drop.
The downstream consumption of inventory and wait-and-see bearish atmosphere are becoming more and more obvious.
Even if the manufacturer's equipment maintenance is favored, it seems that the adjustment tends to be difficult to reverse.
Follow up for further attention.
Quiet market trading, shrinking volume and weakening, continued light pattern, poor volume, low prices, and narrowing of regional market spreads.
Some of the early profit takings ended, which further stabilized the market atmosphere, and the downstream wait-and-see atmosphere was thicker.
, The short-term bearish atmosphere is permeated, the firm transaction price is lower, and the small order is mainly used on the fly.
The market price of raw material propylene fluctuates within a narrow range.
The low price attracts market purchasing sentiment.
In addition, the digestion of imported sources is nearing completion.
Some manufacturers are willing to increase prices, and a few listings rise slightly.
The transaction price is concentrated at 9700-9950 yuan/ton; the liquid chlorine market is flat.
There is not much room for reorganization and short-term fluctuation.
The mainstream negotiation price in Shandong area is 1,200-1,500 yuan/ton.
Although major domestic manufacturers stick to their quotations, the downstream wait-and-see atmosphere is relatively strong, passive purchases, and the short-term empty atmosphere is further permeated.

    On the previous trading day (May 14), the domestic epichlorohydrin market was weak and the atmosphere was deserted, the downstream wait-and-see atmosphere was strong, and the purchasing intention was weak.
With the impact of low-price sources, the weak spot consolidation continued, the overall market was not much , Negotiated prices have moved downwards.
Due to passive downstream purchases and the slow pace of market shipments, some offers fell slightly at the same time and transaction prices fell.
Sideways and weak market conditions and high volume shrinkage have become the main characteristics of the market throughout the week.
The narrow range of spot fluctuations continues the background.
Most downstream products consume inventory and continue to wait and see.
The supply of intermediate links is slow, and the short-term maintenance of equipment is good, and the hedging of bulk chemicals is negative.
The atmosphere is suppressed, and there is limited room for short-term market fluctuations.
The raw material propylene market has further weakened, the Shandong region has seen low prices, mainstream negotiations have declined, and the short-term mentality is not very optimistic; the liquid chlorine market has moved sideways and weakened in various regions.
It is difficult to make breakthroughs in the short-term, and the weakness remains.
The price trend in the market outlook is not clear, and the wait-and-see atmosphere is relatively strong.
The buyers and sellers are in a short-term stalemate and confrontation.
Within the week, they will mainly organize and operate within a narrow range and pay close attention to the production and sales operations of manufacturers.
According to market experts from the China Epoxy Industry Association (www.
epoxy-e.
cn), among them: the mainstream quotation in East China is 17000-17500 yuan/ton, the mainstream transaction price is 17000 yuan/ton; the mainstream quotation in Huangshan region is 17000-17500 yuan /Ton, the mainstream transaction price is 17000-17200 yuan/ton; the mainstream quotation in North China is 17000-17500 yuan/ton, the mainstream transaction price is 16800 yuan/ton; the mainstream quotation in South China is 17500-18000 yuan/ton, the mainstream transaction price is 17,500 yuan/ton .

    Domestic epichlorohydrin manufacturers quoted Weijian and started the maintenance.
According to the introduction of market experts from China Epoxy Industry Association (www.
epoxy-e.
cn), Bohui Chemical’s ex-factory price is 17,500 yuan/ton (including freight), and the 8+8+80,000 ton/year plant operation is relatively low.
, 12 to 18 days to stop for repair, contract supply is the main, no external orders; Tianjin Chemicals factory quoted 17,000 yuan / ton (including freight), 2.
8 + 33,000 tons / year, the plant will be shut down for maintenance from 11 to 16 days.
Resumption of operation in the middle of the week; Xinyue Chemical’s ex-factory price of 17,500 yuan/ton (including freight), 40,000 tons/year of stable operation, half load, contract-based, low inventory; Qilu Petrochemical’s ex-factory price of 17,000 yuan/ton (including freight) ), 50% of the equipment load of 32,000 tons/year, contract-based, normal delivery, limited inventory; Yangnong Chemical closed the disk, the initial ex-factory price of 15,000 yuan/ton (including freight), 3+30,000 tons/year of installation load Seventy percent is scheduled to be overhauled in mid-May for 7-10 days, mostly for self-use, and not for export; China Shipping Precision Sealing, ex-factory quotation is 14,000 yuan/ton (including freight) in the early stage, and the 40,000-ton/year plant starts smoothly at full load.
The load is 80%, pre-contracts and core users are the main ones; Huaxiang Chlor-Alkali factory price is 16,500 yuan/ton (including freight), 35,000 tons/year, the plant is operating normally, 70% is in operation, sales are average, and goods are on-the-go; Baling Petrochemical’s factory quotation 17,500 yuan/ton (including freight), 32,000 tons/year, the device is operating normally, the load is high, and the main use is self-use, but a small amount of external supply; Anbang electrochemical seals, the pre-factory price of 6,500 yuan/ton (including freight), 25,000 The ton/year plant continues to shut down and the restart time is unknown.

(Our reporter Zhong Huan)

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